MCQOPTIONS
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| 1. |
If the farmer expects interest rates to decrease, but no decrease in net returns on cattle, what impact is this likely to have on the present value of the beef cow? |
| A. | Decrease the present value |
| B. | Would not change the present value |
| C. | Increase the present value |
| D. | Cannot tell |
| Answer» D. Cannot tell | |